RBI 2011 Grade B officers Solved paper

RBI 2011 Grade B officers Solved paper

1. What role do Micro, Small and Medium Enterprises (MSMEs) play in a country's economic and industrial development? 1. They have the capacity to absorb skilled and unskilled labour available in the country. 2. Such institutions help in distribution of income in a wide spectrum and do not allow it to get concentrated in few hands or in few areas. 3. They help in eradication of poverty by providing self employment opportunities. (A) Only 1 (B) Only 2 (C) Only 3 (D) Only 1 and 3 (E) All 1, 2 and 3

2. Which of the following statements about the Indian Economy is correct ? (A) Indian economy is as developed as that of China (B) About 70% Indians are involved in some type of self employment and are the owners of some or the other micro or small enterprise (C) In India single biggest employment is agriculture and allied activities (D) About 48% Indian workforce is employed in foreign countries or in organizations assisted by foreign capital (E) None of these

3. Which of the following is/are correct about the problems of Indian Agriculture ? 1. Large agricultural subsidies are hampering productivityenhancing investments. 2. Irrigation infrastructure is in bad shape and needs immediate improvement. 3. Frequent takeovers of fertile land by private companies and multinationals to launch big business complexes. (A) Only 1 (B) Only 1 and 2 (C) Only 1 and 3 (D) All 1, 2 and 3 (E) None of these

4. As per news in various journals, many banks have failed to achieve agri-loan target fixed by the RBI for the year 2010-11. What was the target fixed for the year ? (A) 10% (B) 15% (C) 18% (D) 24% (E) 30% 5. Which of the following statements about Agro and Allied activities is not correct ? (A) Farmers do not get adequate credit for purchase of cattle (B) There is a need to improve breed and genetic characteristics of the cattle folk (C) India has huge forest cover and also degraded and marshy land which can be used for productive purposes (D) India is the 10th largest producer of medicinal and aromatic plants. But the products are not of commercial value (E) Animal husbandry plays an important role in providing sustainability under Rain fed conditions

6. Which of the following schemes launched by the Govt. of India aims at enhancing the livelihood security of the people in rural areas by guaranteeing hundred days of employment in a financial year to a rural household whose adult members volunteer to do unskilled manual work ? (A) TRYSEM (B) Pradhan Mantri Gram Sadak Yojana (C) Kutir Jyoti Scheme (D) ASHA (E) MGNREGA

7. In some parts of India, farmers face acute distress because of heavy burden of debt from noninstitutional lenders. Who can be called a non-institutional lender ? (A) Small Banks (B) Grameen Banks (C) Credit Cooperative Societies (D) Micro Finance Institutions (E) Money Lenders

8. The South Asian Free Trade Agreement (SAFTA) was introduced with a view of levying how much custom duty for trading any product within the SAARC zone ? (A) 5% (B) 4% (C) 2% (D) 1% (E) No custom duty 9. Which of the following organisation prepares rural credit plans on annual basis for all districts in India, which in turn from the base for annual credit plans of all rural financial institutions ? (A) SIDBI (B) NABARD (C) RBI (D) Indian Bank's Association (E) CII 10. Which of the following is TRUE about the current population trend(s) in India ? 1. Every year India adds more people to the world's population than any other country. 2. Currently India has a young population which will grow somewhat older largely as a result of decline in fertility. 3. The National Family Planning Programme did not contribute much in controlling fertility rate (A) Only 1 (B) Only 2 (C) Only 3 (D) Only 1 and 2 (E) All 1, 2 and 3 11. In economic terms, which of the following factors determine the 'Individual's demand' of a product/commodity ? 1. Price of a commodity. 2. Income of the individual. 3. Utility and quality of a commodity. (A) Only 1 (B) Only 2 (C) Only 3 (D) Only 1 and 3

(E) All 1, 2 and 3 12. Which of the following terms is used in the field of economics ? (A) Adiabatic (B) Bohr Theory (C) Plasma (D) Barter System (E) Viscosity 13. "Pascal Lamy calls on trade negotiators to move out of their comfort zones towards agreements", was the headline in some major newspapers. This news is associated with which of the following organizations/agencies ? (A) World Trade Organization (B) International Monetary Fund (C) World Bank (D) United Nations Organisations (E) North Atlantic Treaty Organisation 14. Which of the following is not a function of the Planning Commission of India ? (A) Assessment of the material, capital and human resources of the country (B) Formulation of plans for the most effective and balanced utilization of country's resources (C) Public cooperation in national development (D) Preparation of annual budget of the country and collection of taxes to raise capital for the implementation of the plans (E) Determination of stages in which the plan should be carried out (A) 1948 53 (B) 1947 52 (C) 1952 57 (D) 1950 55 (E) 1951 56 16. Which of the following is the name of the process available to common people to seek court's intervention in matters of public interest ? (A) Public Interest Litigation (PIL) (B) Habeas Corpus (C) Ordinance (D) Residuary power (E) None of these 17. India's foreign policy is based on several principles, one of which is (A) Panchsheel (B) Satyamev Jayate (C) Live and Let Live (D) Vasudhaiv Kutumbkam (E) None of these 18. As we know thousands of tonnes of food grain was washed away in the floods in Haryana and Punjab a few months back. This incident is an example which indicates that there is a scope for improvement in our machinery controlling our (A) Mid Day Meal Scheme (B) Public Distribution System (C) Food for Work Programme (D) Village Grain Bank Scheme (E) Operation Flood Scheme

19. President Barack Obama was on a visit to India a few months back. His visit is said to have forged both the nations into a new era of relations. India managed to sign a special agreement with US in which of the following fields/areas as a byproduct of the visit of Obama ? 1. Energy sector and Nuclear energy as US has lifted sanctions on supply of high tech machines. 2. Skill Development Programmes in IT sector in which US has super-specialisation. 3. Training in management of Micro finance Institutions. (A) Only 1 (B) Only 2 (C) Only 1 and 3 (D) Only 2 and 3 (E) Only 1 and 2 20. Many times we read a term 'Tax Haven' in various newspapers. What does it mean ? 1. It is a country where certain taxes are levied at a very low rate. 2. It is a country where people can dump their illegal money without any problem. 3. It is a place where foreigners can work without paying any tax on their income. (A) Only 1 and 2 (B) Only 2 (C) Only 2 and 3 (D) Only 1 (E) All 1, 2 and 3 21. As per existing law, what is the minimum per day wages paid to a worker from unorganised sector in India ? (A) 50 (B) 75 (C) 100 (D) 125 (E) No such law is there 22. Who amongst the following was awarded the "Indira Gandhi Peace Prize" for 2010 ? (A) Ronald Noble (B) Luiz Inacio Lula D'Silva (C) Mohammed Elbaradei (D) Aung San Su Kyi (E) None of these 23. Which of the following is not a Poverty Eradication Programme launched by the Govt. of India ? (A) Swarnjayanti Gram Swarozgar Yojana (B) Jawahar Gram Samridhi Yojana (C) National Social Assistance Programme (D) ADHAR (E) National Family Benefit Scheme 24. According to the World Bank estimate about 40% Indians are living below International Poverty line of US $ (A) 1 per day (B) 125 per day (C) 2 per day (D) 25 per day (E) 3 per day 25. The 10th Trilateral Ministerial Meeting of RIC group was organized in November 2010. Who are the members of the RIC ? (A) RussiaIranChina

(B) RussiaIndiaChina (C) RomaniaIranCanada (D) RomaniaIsraelChile (E) RussiaIndiaCroatia 26. India and Syria recently decided to double their trade in next 2 years. Indian Govt. has decided to export which of the following commodities to Syria ? (A) Natural gas (B) Milk (C) Oil (D) Wheat (E) All of these 27. India has sanctioned a 26 million grant to which of the following countries for development of tube wells ? (A) Myanmar (B) Bangladesh (C) Nepal (D) Pakistan (E) Sri Lanka 28. Which of the following is the name of the scheme launched by the Govt. of India for adolescent girls ? (Launched in November 2010) (A) Swawlamban (B) SABALA (C) Aadhar (D) ASHA (E) None of these 29. Many times we see in financial journals/bulletins a term M3. What is M3 ? (A) Currency in circulation on a particular day (B) Total value of the foreign exchange on a particular day (C) Total value of export credit on a given date (D) Total value of the tax collected in a year (E) None of these

30. As per news in various newspapers, Govt. has allocated a huge sum of 31,000 crore for 'RTE'. What is full form of RTE ? (A) Right of Education (B) Reforms in Technical Education (C) Return to Empowerment (D) Right to Empowerment (E) Renewable Technology for Energy 31. Which of the following is not a major function of the RBI in India ? (A) Issuance of currency notes (B) To facilitate external trade and payment and developing a foreign exchange market in India (C) Maintaining price stability and ensuring adequate flow of credit to productive sectors (D) Taking loans/credit from World Bank/IMF and ADB etc., and reallocating it for various activities decided by the Govt. of India (E) Formulation and monitoring the monetary and credit policy 32. The RBI has regional offices at various places. At which of the following places it does not have an office ? (A) Kota

(B) Shimla (C) Lucknow (D) Panaji (E) Guwahati

33. Which of the following organizations/agencies has given a US $ 407 billion loan to India to boost up its micro finance services in nonbanked areas ? (A) IMF (B) World Bank (C) Bank of Japan (D) ADB (E) Jointly by IMF and ADB

34. The Prime Minister's Economic Advisory Council (PMEAC) has projected that the Indian Exports will grow by what percentage during 2010-11 ? (A) 15% (B) 18% (C) 22% (D) 24% (E) 28%

35. Which of the following organisations/agencies has given the estimate that the India will be third largest FDI recipient in 201012 ? (A) UNCTAD (B) WTO (C) World Bank (D) IMF (E) None of these 36. The performance of which of the following industries is considered performance of a core industry ? (A) Garments (B) Leather (C) IT (D) Oil and Petroleum (E) Handicrafts 37. Who amongst the following is not a recipient of Nobel Prize in economics ? (A) Peter A. Diamond (B) Dale T. Mortensen (C) Amartya Sen (D) Paul Krugman (E) Robert G. Edwards 38. Basel Committee has given its recommendations on which of the following aspects of banking operations ? (A) Marketing of bank products (B) Priority sector lending (C) Risk Management (D) Micro financing (E) All of these 39. Which of the following is the rank of India in Human Development Report 2010 prepared by the UNO ?

(A) 99 (B) 100 (C) 115 (D) 119 (E) None of these 40. Which of the following was/where the key objectives of the RBI's review of Monetary and Credit Policy 2010-11 which was reviewed again on 2nd November 2010 ? 1. To sustain the anti inflationary thrust. 2. To maintain an interest rate regime consistent with price. 3. To provide extra tax incentives to exporters who were in stress due to market fluctuations. (A) Only 1 (B) Only 2 (C) Only 1 and 2 (D) All 1, 2 and 3 (E) None of these 41. PIIGS is the group of nations falling under (A) Euro zone (B) Asia Pacific (C) SAARC (D) NATO (E) Commonwealth 42. Which of the following is/are the preconditions, the IMF has put to provide bail out package to Ireland ? 1. It should gradually lower down unemployment benefits. 2. It should bring down the minimum wages in order to boost employment. 3. It should import some of the crucial commodities from non euro countries as an immediate measure to improve shortage of the same. (A) Only 1 and 2 (B) Only 2 and 3 (C) Only 1 and 3 (D) Only 1 (E) All 1, 2 and 3 43. India is self-sufficient in production of which of the following commodities ? (A) Edible oil (B) Milk (C) Pulses (D) Natural gas (E) All of these 44. Which of the following is used as a fuel in Nuclear power stations in India ? (A) Thorium (B) Copper (C) Tin (D) Chromium (E) All of these 45. Which of the following States has taken up the job of improving Dams with the help of the World Bank's Dam Rehabilitation and Improvement project ? (A) Kerala (B) Gujarat (C) Tamil Nadu (D) Uttar Pradesh

(E) Guwahati 46. Nitish Kumar led National Democratic Alliance won how many seats in recently held assembly elections in Bihar ? (A) 150 (B) 243 (C) 200 (D) 206 (E) None of these 47. Who amongst the following is the author of the book "Development as Freedom" ? (A) M. S. Swaminathan (B) C. Rangarajan (C) Manmohan Singh (D) Y. V. Reddy (E) Amartya Sen 48. Which of the following terms is used in Finance and Banking ? (A) Line of Sight (B) Scattering loss (C) Revenue (D) Oscillation (E) Shielding 49. Who amongst the following is a famous economist ? (A) Richard Dawkins (B) Alan Greenspan (C) Vernon Heywood (D) Olivar Sachs (E) Stephan Hawking 50. Who amongst the following has never held post of the Governor of the RBI ? (A) C. Rangarajan (B) L. K. Jha (C) Manmohan Singh (D) Bimal Jalan (E) Usha Thorat Answers: 1. e, 2. c, 3. d, 4. c, 5. c, 6. e, 7. e, 8. e, 9. b, 10. d, 11. e, 12. d, 13. a, 14. d, 15. e, 16. a, 17. a, 18. b, 19. a, 20. e, 21. c, 22. b, 23. d, 24. b, 25. b, 26. e, 27. c, 28. b, 29. e, 30. a, 31. c, 32. c, 33. b, 34. b, 35. a, 36. d, 37. e, 38. c, 39. d, 40. a, 41. a, 42. b, 43. b, 44. a, 45. a, 46. d, 47. e, 48. a, 49. b, 50. e

CORPORATION BANK PROBATIONARY OFFICERS EXAM 2010 - Question papers and practice tests
1.As a policy to boost the agricultural sector in the country, the Govt. of India has taken several special measures over the years. Which of the following cannot be considered a measure/ measures which will have a direct impact(s) on the agricultural sector? 1. Setting up of a National Food Processing Bank. 2. Opening irrigation, sanitation and water projects for development under public private participation. 3. Efforts to bring down fiscal deficit to 5.5 percent level of GDP (A) Only-1 (B) Only 2 (C) Only (D) Onlyl and 2 (E) All 1,2 and 3 2. The Govt. of India is planning to bring a Second Green Revolution. This will be launched specifically for which of the following parts of the country? (A) North East and astern Regions (B) Central India (C) Jammu & Kashmir (D) Tamil Nadu, Kerala and Andhra Pradesh (E) None of these 3. As we all know, the limit of exemption on personal income tax has been raised by Rs. 10,000. Whenever a relief in direct taxes is given, the underlying motive is always to make money available for which of the following purposes? 1. Savings 2. Investment for High returns 3. Personal Consumption (A) Only 1 (B) Only2 (C) Only l and 3 (D) Only 2 and 3 (E) None of these 4. As we know, a special scheme 'One Village One Project' is in vogue in some parts of our country and has proved a good incentive to boost the rural economy and the agricultural sector. Now the Govt. has decided to develop 60,000 villages to produce which of the following single crops as a major crop? (A) Pulses or Oilseeds (B) Wheat or Bajra (C) Sugar or Jute (D) Sunflower or Rose flower (E) None of these 5. The Govt. of India has decided to bring down the fiscal deficit from 6.6 per cent to the level of 5.5 per cent of the GDP so that it can meet growth targets well in time. This

target of 5.5 per cent is to be achieved by the end of? (A) January 2011 (B) March 2011 (C) December 2010 (D) January 2012 (E) None of these 6. Some economists and financial experts are of the opinion that the Finance Minister of India has done a good job by allocating a fairly good share of budget to ensure that the benefits of the growth also reach the poor and unorganized sectors of the society. What amount in terms of percentage has been allocated to various schemes of the social sector in the Union Budget 2010-11? (A) 5% (B) 7 % (C) 10% (D) 12.5% (E) None of these 7. Many people talk about the roll back of stimulus packages provided last year by the Govt. of India to help certain sectors. If these stimulus packages are rolled back, this would mean that 1. those who have availed these benefits would be required to return them to the Govt. of India. 2. no such incentive would be available henceforth to these sectors. 3. all such benefits/incentives would be available to all the people across the country and will not be restricted to some selected few. (A) Only 1 (B) Only 2 (C) Only 3 (D) Only 1 and 3 (E) Only 2 and 3 8. In order to develop infrastructure in the country at a faster pace, the Govt. of India has fixed some targets. In order to achieve this target, at present, how many kilometers of highway is required to be constructed per day? (A)5km (B) 10km (C)15km (D) 20km (E) None of these 9. "South India will get K-G gas by 2012" was the news in a major financial newspaper. 'K-G' is the abbreviated name of which of the following? (A) Karnataka-Goa (B) Kaveri-Canga (C) Krishna-Godavari (D) Karnataka-Gulf (E) None of these 10. Many a times, we read in news papers that some big banks have revised their lending rates to make them dearer or cheaper. Though the decision to raise the lending rates is always in the hands of the banks normally they announce this decision of theirs? 1. immediately after the Union Budget is presented in the Lok Sabha every year. 2. when the RB makes changes in its policy rates.

3. when the Monetary and Credit Policy of the RB is reviewed periodically. (A) Only 1 (B) Only 2 (C) Only 3 (D) Only 2 and 3 (E) All1,2 and 3 11. How much amount in cash is the Govt. of India planning to infuse in public sector banks, to strengthen their capital base this year? (A) Rs 10,000 crore (B) R s. 12,500 crore (C) Rs. 14,000 crore (D) Rs. 16,500 crore (E) None of these 12. As we all know, the rate of MAT has been increased from the present 15% to 18% with effect from April 2010. What is the full form of MAT? (A) Maximum Alternate tax (B) Minimum Alternate Tax (C) Minimum Affordable Tax (D) Maximum Affordable Tax (E) None of these 13. One of the headlines In a major financial newspaper recently was "Is Spain the next Greece or Italy or Portugal ?" What is the actual meaning of this headline because of which the author has been comparing Spain with the other three countries? (A) All these three countries have abandoned the membership of the European Union. Spain is also planning to do so (B) All these three countries were the first to come out of recent global recession and that too within a short span of time. Spain is next in queue to declare itself free from the trouble (C) These three nations are badly trapped in a situation where their economy is proceed ing from bad to worse condition. Spain also appears to be in the same situation (D) Greece, Italy and Portugal have signed some special agreements with US and ale availing stimulus packages to promote their exports to US on some specific terms. Spain is also willing to do the same (E) None of these 14. Many times we read in news papers that several companies are adopting the FCCBs route to raise capital. What is the full form of FCCBs? (A) Foreign Currency Convertible Bonds (B) Foreign Convertible Credit Bonds (C) Financial Consortium and Credit Bureau (D) Future Credit and Currency Bureau (E) None of these 15. The Govt. of India has asked all big companies and corporates to create a separate fund for their 'Corporate Social Responsibility Activities'. What is tare the purpose(s) of this directive issued by the Govt.? 1. To ensure that companies spend some money on social activities. 2. To bring transparency in matters of financial trans actions and dealings by corporates. 3. To ensure that corporate entities do not get involved in non commercial activities in the name of social activities as they axe required to spend money only on the welfare of the employees and their families.

(A) Only 1 (B) Only 2 (C) Only 3 (D) All1,2 and 3 (B) None of these 16. Which of the following is an innovative mechanism adopted by banks to meet the targets fixed for lending to priority sector by the Banks (A) Buying & Selling of Priority Sector Lending Certification (B) Sale of Kisan Vikas Patra (C) Inter Bank Participation Certificates (D) Adoption of Core Banking Solution (E) None of these 17. The Reserve Bank of India (RB!) recently announced a hike in some policy rates and also indicated that there may be another change in near future. Which of the following is/are considered a policy rate(s) in the hands of the EBI? 1. Repo Rate 2. SLR 3. Inflation (A) Only 1 (B) Only2 (C) Only 3 (D) Only l and 2 (B) All 1, 2 and 3 18. Zain, which was in news recently, is a company based in which of the following nations? (A) Kuwait (B) South Africa (C) UAE (D) China (E) None of these 19.Who amongst the following was awarded the prestigious 'Moortidevi Award' recently for his literary works ? (Awardee is a Minister in the Union Cabinet) (A) Veerappa Moily (B) Pranab Mukherjee (C) P. Chidambaram (D) Kapil Sibal (E) None of these 20.The Indian Ministry of Agriculture has decided that despite good stocks of wheat and rice, India will not export the excess stocks. Which of the following may be the reason(s) owing to which the Ministry has taken this decision? 1. Indian wheat and rice are not in much demand in foreign countries. Hence, very few are takers for the same. 2. The National Food Security Bill has a provision to provide 25 kg of wheat or rice to the families living below poverty line. A huge stock of grains will be needed for the same in near future. 3. Since most countries are still to recover from the global recession, a formula is being worked out where imports and exports will be compensated simply by exchange of commodities available with the countries. India is planning to use its food grain stocks for the same. (A) Only 1

(B) Only 2 (C) Only 3 (D) All ,1, 2 and 3 (E) None of these 21. As per the report in various newspapers, RBI has asked banks to make a plan to provide banking services to all villages having a population of 2000. This directive issued by the RBI will fall in which of the following categories? (A) Plan for Financial Inclusion (B) Efforts to meet the targets of Priority Sector Lending (C) Extension of Relief Packages to the Farmers (D) Extensions of Internal and Branchless Banking (E) None of these 22. Which of the following is not a bank or finance company? (A) Barclays (B) BNP Paribas (C) Lufthansa (D) HSBC (E) All are banks/finance companies 23. The Indian Railways is in the process of purchasing Bullet Train Technology from which of the following nations? (A) France (B) China (C) Japan (D) Russia (E) Spain 24. Some State Govts. have started a project 'Save Snow Leopards'. Snow Leopards are found mainly in? (A) Jammu & Kashmir (B) Rajasthan (C) Kerala (0) Punjab (E) Tamil Nadu 25. India recently signed an agree ment for an 'Action Plan to Advance Security Cooperation' with which of the following nations? (A) China (B) Bangladesh (C) Pakistan (D) Nepal (E) Japan 26. Sanya Richards who was named as the IAAF World Athlete of 2009 represents which of the following countries? (A) Jamaica (B) Kenya (C)France (D) Britain (E)USA 27. Who amongst the following was adjudged the European FootbaIler of the year 2009? (A) Roberto Baggio (B) Edger Davids

(C) Xavi Hamandez (D) Cristiano Ronaldo (E) Lionel Messi 28. The latest nuclear power reactor of India recently attained criticality at Rawatbhata. Rawatbhata is a place in (A) Uttar Pradesh (B) Madhya Pradesh (C) Uttarakhand (D) Orissa (E) Rajasthan 29. Who amongst the following has recently received the Highest Civilian Honour of France? (A) Kareena Kappor (B) A R Rahman (C) Javed Akhtar (D) Lata Mangeshkar (E) None of these 30. Who amongst the following represented India at the 15th United Nations Climate Change Conference 2009 held in Copenhagen? (A) Smt. Sonia Gandhi (B) Smt. Pratibha Patil (C) Dr. Manmohan Singh (D) Smt. Meira Kumar (E) None of these 31. Three Indian sportsmen, C. Raju Srither, I.R. Sanam and Ratan Singh recently went to Indonesia and won Gold Medals in one of the events. All three are associated with which of the following sports? (A) Weightlifting (B) Rifle Shooting (C) Swimming (D) Golf (E) Archery 32. A two-day meeting of the South Asian Association for Regional Cooperation (SAARC) was organized recently in? (A) Kathmandu (B) Islamabad (C) Thimpu (D) Dhaka (E) New Delhi 33. By nominating its Ambassador to which of the following countries after a gap of five years has the USA established its diplomatic relation with it? (A) Syria (C) Iraq (B) Iran (D) China (E) None of these 34. Which of the following organizations / agencies is providing a US $ 850 million loan to India for the development of its infra structure and Khadi industry? (A) World Bank (B) European Union Finance Corporation

(C) Asian Development Bank (0) Govt. of South Africa (E) None of these 35. Goodluck Jonathan whose name was in news recently is from which of the following countries? (A)Kenya (B) Uganda (C) Nigeria (D) Sudan (E) None of these 36. The census in India is done after a gap of every? (A)5 years (B) 10 years (C) 12 years (D) 15 years (E) None of these 37.Pankaj Advani won which of the following titles in the year 2009? (A) Asian Games Gold Medal (B) Asian Billiards Champion(C) WSA Challenge Tour (D) World Professional Billiards Championship (E) None of these 38. Which of the following awards is given for Excellence in the field of sports ? (A) Kalinga Award (B) Golden Pen Award (C) Arjuna Award (D) Bharat Ratna (E) None of these 39. Which of the following states started 'April Mandis' project in all districtsiqf the state to ensure the supply of vegetables and fruits at fair prices? (A) Gujarat (B) Uttar Pradesh (C) Haryana (D) Delhi (F) None of these 40. Which of the following terms is not used in Economics? (A) Balance of Trade (B) Centrifugal force (C) Break even (D) Fiscal Deficit (E) Capital Account 41. The Indira Gandhi Peace Prize 2009 was given to the President of (A) Fiji (B) Bhutan (C) Nepal (D) Bangladesh (E) None of these 42. The Govt. of India recently launched the Jawaharlal Nehru National Solar Mission. This mission is one of the key missions on India's National Action Plan on? (A) Second Green Revolution

(B) Climate Change (C) Recharging of Water bodies (D)Electricity to all (E) None of these 43. Voting in local bodies elections is compulsory in which one of the following states ? (A) Delhi (B) Maharashtra (C) Kerala (D) Gujarat (E) None of these 44. India's exports of which of the following to USA has been growing at a fast pace despite the global slowdown and recession? (A) Handicrafts and Carpets (B) Textiles and Clothing (C) Horticultural products (D) Food grains (E) Services 45. Russia recently agreed to resume import of natural gas from which of the following countries after a gap of about a month following a dispute over prices of the same? (A) Iran (B) Turkmenistan (C) China (D) Kazakhstan (E) N. Korea 46. India recently signed an agreement for cooperation in the field of nuclear power for civil purposes. This agreement is free from any restrictions on India. India signed this agreement with (A)France (B) Germany (C)USA (D) Canada (E) Russia 47. 'Between the Assassinations' is a book written by? (A) Chetan Bhagat (B) Kiran Desai (C) ShobhaDe (D) Vikram Seth (E) Arvind Adiga 48. Which of the following prizes! awards is not given for Excellence in the field of Literature? (A) Dronacharya Award (B) Aga Khan Prize for Fiction (C) Commonwealth Award (D) Nobel Prize (E) Man Booker Prize 49. Which of the following terms is not used in the game of Hockey? (A) Centre (B) Downswing (C) Drop pass

(D) Goal line (E) Blue line 50. 'Invisible' is a novel written by (A) Vikram Seth (B) Chetan Bhagat (C) Anita Desai (D) Meghnad Desai (E) Paul Auster For answers See below 1.(C) 2. (A) 3. (C) 4. (A) 5. (D) 6.(E) 7. (C) 8. (D) 9. (C) 10. (C) 11.(E) 12. (B) 13. (C) 14. (A) 15. (B) 16.(C) 17. (D) 18. (A) 19. (A) 20. (B) 21.(A) 22. (C) 23. (C) 24. (A) 25. (E) 26.(E) 27. (E) 28. (E) 29. (D) 30. (C) 31.(E) 32. (C) 33.(A) 34. (C) 35. (C) 36. (B) 37. (D) 38. (C) 39. (C) 40. (B) 41. (D) 42. (B) 43. (D) 44. (E) 45. (B) 46. (E) 47. (E) 48. (A) 49. (B) 50. (E) .

Bank Of India Solved Exam Paper(G.K.),2010

1. The President of the Palestine recently emphasized that his country will not resume peace talks until Israel fully halts settlement building in the (A) West Bank (B) Haifa (C) Gaza (D) Tel-Aviv-Yafo (E) Jerusalem Ans : (A) 2. All the major world leaders gathered in Berlin in Nov. 2009 to mark the 20th anniversary of (A) European Union (B) NATO (C) Fall of Berlin Wall (D) G-20 (E) None of these Ans : (C) 3. Now almost all major newspaper journals and magazines are printing research reports giving the analysis and/or the causes of the sub-prime crisis which gripped America and the world a few months back. Which of the following was/were amongst the common cause(s) of the same ? (They were present in almost all the economies) (1) The problem was that investors erroneously believed property prices were quite predictable and built a whole edifice of financial planning on the back of the American housing market. (2) Credit rating agencies all over the world were not equipped to forecast the effect of subprime crisis on world economy. Agencies were over-confident and did not react in time. (3) Neither USA nor other countries took a note of the crisis in time. In fact they ignored it for quite some time. (A) Only 1 (B) Only 2 (C) Only 3 (D) All 1, 2 and 3 (E) Only 1 and 2 Ans : (A) 4. If you see a big hoarding at a prominent public place, the punch line of which says 'We All Were Born Free'; 'We All Have Equal Rights', in all probability, the hoarding is put up by (A) National Commission for Farmers (B) National Human Rights Commission (C) Directorate of Income Tax (D) Ministry of Foreign Affairs (E) Union Public Service Commission Ans : (B) 5. Nowadays we frequently read news items about 'Derivatives' as used in the world of finance and money market. Which of the following statement(s) correctly describes what a

derivative is and how it affects money/finance markets ? (1) Derivatives enable individuals and companies to insure themselves against financial risk. (2) Derivatives are like fixed deposits in a bank and are the safest way to invest one's idle money lying in a bank. (3) Derivatives are the financial instruments which were used in India even during the British Raj. (A) Only 3 (B) Only 2 (C) Only 1 (D) All 1, 2 and 3 (E) None of these Ans : (B) 6. Many a time we read in the newspapers that RBI has changed or revised a particular ratio/rate by a few basis points. What is basis point ? (A) Ten per cent of one hundredth point (B) One hundredth of 1% (C) One hundredth of 10% (D) Ten per cent of 1000 (E) None of these Ans : (B) 7. Which of the following issues cannot come under the purview of the functioning of the Human Rights Commission of a country ? (A) Racial Discrimination (B) Treatment to Prisoners of War (C) Human Trafficking (D) Child Abuse (E) Climate Migration Ans : (E) 8. A prominent international weekly sometime ago printed a caption on its cover page which read 'Brazil Takes Off'. Other major newspapers/magazines also printed similar stories/articles in their publications at that time. Why have magazines/newspapers decided to talk about Brazil these days ? (1) All major economies of the world have been taking time to recover from the recession but Brazil was one of those which was 'Last in and First out'. (2) Brazil is a member of BRIC but unlike China it is a democracy, unlike India, it has no hostile neighbours, no insurgents and unlike Russia it exports more oil and arms and treats foreign investors with more respect. (3) Brazil is the world's second largest booming economy. (A) Only 1 (B) Only 2 (C) Only 3 (D) All 1, 2 and 3 (E) Only 1 and 2 Ans : (A) 9. Which of the following countries has conferred the honour of 'Legion d' honneur' on Bharat Ratna Lata Mangeshkar ? (A) Germany (B) Norway

(C) Japan (D) U.K. (E) France Ans : (E) 10. Expand the term NREGA (A) National Rural Employment Guarantee Agency (B) National Rural Electrification Governing Agency (C) National Rural Employment Guarantee Act (D) New Rural Employment Guarantee Agency (E) None of these Ans : (C) 11. The Rajya Sabha has recently cleared the new poll bill. Which one of the following amendment(s) is/are made in this bill ? It has proposed (A) Increasing the security deposits to more than double (B) Restricting the publication of exit polls (C) Ensuring speedy disposal of electoral disputes (D) Only (A) and (B) (E) All (A), (B) and (C) Ans : (D) 12. The market in which long term securities such as stocks and bonds are bought and sold is commonly known as (A) Commodities Exchange (B) Capital Market (C) Bull Market (D) Bullion Market (E) None of these Ans : (B) 13. Which one of the following was India's top destination for exports during 2009 ? (A) UAE (B) USA (C) Russia (D) China (E) Bangladesh Ans : (A) 14. Which one of the following will be the first High Court in India, to implement the concept of 'ecourts' ? (A) Delhi (B) A.P. (C) Chennai (D) Kolkata (E) None of these Ans : (A) 15. Amongst the following, which one of the following sectors provides the highest contribution in Industrial Production Index ? (A) Crude Oil (B) Petro Refinery Products (C) Electricity (D) Coal

(E) None of these Ans : (C) 16. Amongst the following sectors, which sector/segment has shown the highest per cent growth in the current fiscal ? (A) Mining (B) Manufacturing (C) Electricity, gas and water supply (D) Banking and Finance (E) None of these Ans : (B) 17. As per the reports published in newspapers, India purchased around 200 tonnes of gold (almost half the quantity of gold put up for sale) in Sept. 2009. India purchased this gold from which of the following organizations ? (A) World Bank (B) Asian Development Bank (C) International Monetary Fund (D) International Gold Council (E) None of these Ans : (C) 18. World Trade Organisation (WTO)'s ministerial meeting was organized in which of the following cities recently ? (A) Geneva (B) Washington (C) Paris (D) Port of Spain (E) None of these Ans : (A) 19. In which one of the following countries, was the recent Commonwealth Meet (CHOGAM) held ? (A) Trinidad (B) Canada (C) Australia (D) Jamaica (E) U.K. Ans : (A) 20. Which of the following decisions taken by the RBI will promote the concept of financial inclusion in the country ? (A) To appoint some additional entities as business correspondents (B) To collect reasonable service charges from the customer in a transparent manner for providing the services. (C) To ask the banks to open at least 50 new accounts daily in non serviced areas. (D) Only (A) and (B) (E) None of these Ans : (E) 21. For recapitalization of Public Sector Banks, the World Bank has decided to provide funds to India. These funds will be made available in the form of (A) Soft Loan (B) Term Loan (C) Emergency aid

(D) Grants (E) None of these Ans : (A) 22. Citizens of which one of he following age-groups (in years) are covered under the New Pension System (NPS) ? (A) 1850 (B) 2155 (C) 2555 (D) 1860 (E) None of these Ans : (D) 23. Which one of the following is the objective of the flagship scheme 'Rashtriya Swasthya Bima Yojana' (RSBY) ? (A) To provide life insurance cover to rural households (B) To provide health insurance cover to rural households (C) To provide both life and health insurance cover to rural household (D) To provide life and health insurance covers only to people living below poverty line (E) None of these Ans : (D) 24. Which one of the following had set up the N. R. Narayana Murthy Committee on issues relating to Corporate Governance ? (A) SEBI (B) RBI (C) CII (D) Ministry of Finance, GOI (E) None of these Ans : (A) 25. The proceeds of the disinvestment of profitable public sector units will be used for which of the following purposes ? (A) Expansion of existing capacity of PSEs (B) Modernisation of PSEs (C) Opening of new PSEs (D) Meeting the expenditure for various social sector schemes (E) None of these Ans : (D) 26. Which one of the following is the target fixed for fiscal deficit in the year 2010-2011 ? (A) 35% (B) 40% (C) 55% (D) 50% (E) None of these Ans : (C) 27. Which one of the following companies is the largest producer of natural gas in the country ? (A) ONGC (B) OIL (C) Cairn India (D) RIL

(E) None of these Ans : (A) 28. Which one of the following states has sought a package of Rs. 500 crores ($ 100 million) for its Rural Poverty Reduction Programme ? (A) M.P. (B) Tamil Nadu (C) A.P. (D) Karnataka (E) None of these Ans : (C) 29. Chinese objections have stalled the road work at the village of Demchok, on the Indian side of the line of control. In which one of the following states is this village located ? (A) Arunachal Pradesh (B) Assam (C) Himachal Pradesh (D) Rajasthan (E) None of these Ans : (E) 30. Constitutionally, which one of the following can levy Service Tax ? (A) Union Govt. only (B) State Govt. only (C) Union Territory Govt. only (D) All of these (E) None of these Ans : (D) 31. In the proposed low cost pension scheme, which one of the following has been made responsible for maintaining of the records of pension account of an individual ? (A) SIDBI (B) National Securities Depositories Ltd. (NSDL) (C) Stock Holding Corporation of India (D) RBI (E) None of these Ans : (B) 32. Which one of the following is/are implication(s) of large inflow of foreign exchange into the country ? 1. It makes monetary management difficult for RBI. 2. It creates money supply, asset bubbles and inflation. 3. It weakens the competitiveness of Indian exports. (A) Only 1 (B) Only 2 (C) Only 3 (D) Only 1 and 3 (E) All 1, 2 and 3 Ans : (B) 33. The Central Banks of which one of the following countries has offered $ 115 billion emergency credit to support its economy hit by falling prices and also to strengthen its currency ? (A) South Korea (B) Japan

(C) U.K. (D) USA (E) None of these Ans : (B) 34. Which of the following books is written by Chetan Bhagat ? (A) The Golden Gate (B) A House for Mr. Biswas (C) 2 States (D) White Tiger (E) None of these Ans : (C) 35. NTPC Ltd. is in the process of exploring opportunities to source coal from overseas. In which one of the following countries has the NTPC identified two new coal mines ? (A) Bhutan (B) Australia (C) South Korea (D) Indonesia (E) None of these Ans : (D) 36. Which of the following organizations has raised its loan amount to India to make it US $ 7 billion in 2009-10 fiscal ? (A) Asian Development Bank (B) International Monetary Fund (C) World Bank (D) European Union (E) None of these Ans : (C) 37. Who amongst the following cricket players became the first to score 17000 runs in One Day Internationals ? (A) Rahul Dravid (B) Stephen Fleming (C) Ricky Ponting (D) Sachin Tendulkar (E) None of these Ans : (D) 38. The Govt. of India has decided to use the Core Banking System of banks to ensure proper usage of funds provided for which of its following programmes ? (A) Literacy Mission (B) Pradhanmantri Gram Sadak Yojana (C) National Health Mission (D) All of these (E) None of these Ans : (A) 39. Famous Dada Saheb Phalke Award is given for exemplary work in the field of (A) Sports (B) Literature (C) Science & Technology (D) Social Service

(E) None of these Ans : (E) 40. The Reverse Mortgage Scheme was launched by some organizations a few years back. This was done to help which of the following sections of society ? (A) Beneficiaries of the NREGA (B) People living Below Poverty Line (C) Youngsters (D) Senior Citizens (E) None of these Ans : (D) 41. The organization of the South East Asian countries is known as (A) OPEC (B) ASEAN (C) NATO (D) UNCTAD (E) SAARC Ans : (B) 42. 'Miss Earth 2009' title has been conferred upon (A) Alejandra Pedrajas (B) Sandra Saifert (C) Jessica Barboza (D) Larissa Ramos (E) None of these Ans : (D) 43. Which of the following countries became the third largest producer of Steel in the world in 2009 ? (A) China (B) India (C) USA (D) Japan (E) None of these Ans : (B) 44. The Foreign Trade policy is announced recently by the Govt. of India. Which of the following ministries/agencies announce the same ? (A) Reserve Bank of India (B) Export Import Bank of India (EXIM Bank) (C) Ministry of Foreign Affairs (D) Ministry of Commerce & Industry (E) None of these Ans : (D) 45. Irina Bokova has taken over as the Chief of the (A) ILO (B) UNICEF (C) OPEC (D) UNO (E) UNESCO Ans : (E) 46. Dorjee Khandu has taken over as the Chief Minister of (A) Meghalaya

(B) Uttarakhand (C) Arunachal Pradesh (D) Assam (E) None of these Ans : (C) 47. Which of the following terms is used in the game of Football ? (A) Caddy (B) Cutback (C) Mid-on (D) Love (E) None of these Ans : (B) 48. Which of the following is considered a Non Food Crop ? (A) Wheat (B) Maize (C) Bajra (D) Rice (E) Jute Ans : (E) 49. Who amongst the following was the Prime Minister of Nepal immediately prior to Madhav Kumar Nepal ? (A) Ram Baran Yadav (B) Pushpakamal Dahal (C) Girija Prasad Koirala (D) Mahendra Kumar Suryavanshi (E) None of these Ans : (B) 50. The 10th India-European Summit was held in New Delhi in November 2009. Who amongst the following represented India and also chaired the same ? (A) S. M. Krishna (B) Pratibha Patil (C) Pranab Mukherjee (D) Manmohan Singh (E) None of these Ans : (D)

Union Bank of India Probationary Officers Exam Solved Paper : General Awareness
1. A hockey player is supposed to know the meaning of the term? (A) Dead Ball (B) Bouncer (C) LBW (D) Penalty Corner (E) Frozen Ball ANS: D

2. Which one of the following have provided bailout package to Ireland to deal with its debt crisis? (A) EU only (B) IMP only (C) World Bank only (D) Only (A) and (B) above (E) All (A), (B) and (C) above ANS: D 3. Which one of the following Indian Company is the only company from India to be included in the Top Ten 2010 Value creators Global Ranking released by global management consulting firm BCG? (A) RIL (B) Tata Steel (C) Bharti Airtel (D) JSPL (E) Bajaj Auto ANS: D 4: Which one of the following has launched guidebook on standards for exporters? (A) RBI (B) SEBI (C) IBA (D) UNIDO (E)UNESCO ANS: D 5. BIPA with Sudan comes into effect was the news in various newspaper recently. It is an agreement for? (A) Investment in a country (B) Peaceful use of atomic power (C) Allowing students to visit each others nation (D) Allowing people to come for medical treatment ANS: A To form an alliance with each other in case of a war 6. In which one of the following sports Sandhya Rani Devi bagged Silver in Asiad 2010, Games? (A) Shooting (B) Squash (C) Taekwondo (D) Ten-pin bowling (E) Wushu ANS: E 7. Which of the' following terms is normally not seen in the field of

International Relations? (A) Exchange Rate (B) Free Trade (C) MFN (D) Alluvial Soil (E) OECD ANS: D 8. According to mid term review of Indian economy, which one of the following segments will be the major contributor to GDP growth? (A) Agriculture (B) Industry (C) Services (D) Mining (E) None of these ANS: C 9. Which of the following films directed by Aamir Khan was sent for OSCARs Award nominations from India? (A) Rang De Basanti (B) Peepli Live (C) Tare Zamin Par (D) Lagan (E) None of these ANS: B 10. In which one of the following states, population growth rate is lower than national average? (A) Dethi (B) Gujarat (C) Chhattisgarh (D) Himachal Pradesh (E) Orissa ANS: E 11.In broad gauge, the distance between the rails is (A) 1.00 metre (B) 3 metre (C) 1.67 metre (D) 2.67 metre (E) 0.76 metre ANS: C 12. Who is Indra Nooyi? (A) CEO Coca Cola (B) CEO PepsiCo. (C) Managing Director Nano Division

(D) India's permanent representative to UNO (E) None of these ANS: B 13. ET Now and CNBC TV18, TV Channels essentially broadcast (A) English News (B) Classic English Movies (C) Political Events and News (D) Business and Economic News (E) All important national and international news in English ANS: D 14. Amongst the following sports men/women, who has won the first gold medal at Guangzhou Asian Games? (A) Yuan Xiachao (B) Wang Migluen (C) Zhu Oianward (D) Takeshi Matsuda (E) Wu Jingbiao ANS: A 15. With which one of the following fields was Satyajit Ray associated? (A)Films (B) Sports (C) Social Work (D). Drama (E)Short Stories ANS: A 16. 'Daniel Vettroi' is captain of which one of the following teams? (A) New Zealand Cricket Team (B)South Africa Cricket Team (C)New Zealand Basket Ball Team (D) West Indies Cricket Team (E) Australia Cricket Team ANS: A 17. Who amongst the following carried Indian Tricolour at Guangzhou Asian Games? (A) Sania Mirza (B) Saina Nehwal (C) Gagan Narang (D) Suranjay Singh (E) Randhir Singh ANS: C 18. Financial ratio analysis of a company helps in understanding

1. The long term debt raising capacity 2. The short term solvency 3. The reasons for fluctuation in its stock prices 4. The net worth of the company 5.The profitability (A) 1,2,3,4 (B) 2,3,4 (C)3,4,5 (D) 3,1,2,4 (E) 1,2,4,5 ANS: E 19. Human breath is visible in winter but not in summer because (A) The difference in outside pressure gives visibility to breath (B) Breath contains certain impurities and visible matters (C) Water vapour in breath condenses in cold air, making it visible (D) Breath has heat in it which evaporates in cold air giving visibility (E) None of these ANS: D 20. Which of the following is/are not the names of Seven North Eastern States? 1. Jorhat 2. Manipur 3. Meghalaya 4. Agartala 5. Dimapur (A) 1,2,3 (B) 2,3,4 (C) 3, 4, 1 (D) 1, 4, 2 (E) 1,4,5 ANS: E 21. According to a recent newspaper survey, which one of the following is the most preferred language for leisure reading among the Indian Youth? (A) Hindi (B) Marathi (C) Bengali (D) Telugu (E) English ANS: E 22. Who was Dr. C. Rangarajan? (A) Chairman, PMEAC (B) Member, Planning Commission (C) Chief Economist, IBA

(D) RBI Governor (E) Member, Minority Commission ANS: D 23. Which of the following is an oilseed? (A) Garlic (B) Clove (C) Cardamom (D) Cumin Seed (E) Mustard ANS: E 24. The RBI reviews its credit and monetary policy at regular intervals and also in between. What is the purpose of the same? 1. To ensure that inflation does not cross the limit 2. To ensure that banks have enough liquidity 3. To ensure that cost of the fund does not reach a very high level (A) Only 1 (B) Only2 (C) All1,2 and 3 (D) Only 2 and 3 (E) None of these ANS: C 25. The name of the white revolution is associated with? (A) J. V. Narlikar (B) J.C.Bose (C) Kurien Verghese (D) M. S. Swaminathan (E) C. Rangarajan ANS: C 26. The cabinet committee recently approved the 'IGMSY' a scheme for the welfare of the people of India. Who amongst the following will get the benefit of the scheme? (A) Mothers and pregnant women (B) Children upto 12 years of age (C) Youth (D) Old and Senior Citizens (E) All the above ANS: A 27. The Govt. of India provides direct financial support to which of the following schemes? (A) Jeevan Bharati Scheme (B) ULIP (C) Sampoorna Grameen Rozgar Yojana

(D) Packing Credit Guarantee Scheme (E) All of the above ANS: C 28. Who amongst the following is a famous Urdu author/poet who received Jnanpith Award recently? (A)Akhlaq Khan Shabryar (B)ONV Kurup (C) Khushwant Singh (D) Krishna Sobti (E)None of these ANS: A 29. Who amongst the following is the author of the Book 'A Bend in the River'? (A) V. S. Naipaul (B) Arun Shourie (C) Octavia Paz (D) Daniel Defoe (E) Walter Scott ANS: A 30. Which of the following is called the pink city of India? (A) Kolkata (B) Lucknow (C) Kota (D) Hyderabad (E) Jaipur ANS: E 31. Which of the following states got a new Chief Minister without new assembly elections? (A) Goa (B) Madhya Pradesh (C) Jharkhand (D) Gujarat (E) Delhi ANS: C 32. A two days National level conference /event was organised in Chandigarh in September 2010. Which was the conference /event? (A) Miss India 2010 (B) Asian Women Hockey Finals 2010 (C) Conference of the Finance Ministers of SAARC (D) National Rabi Conference (E) None of these

ANS: E 33. Which of the following Summits took place in Hanoi in October 2010? (A) ASEAN Summit (B) SAARC Summit (C) G-20 Summit (D) G-8 Summit (E) None of these ANS: A 34. The Reserve Bank does not have an office in? (A) Kanpur (B) Jaipur (C) Lucknow (D) Bhopal (E) Gulbarga ANS: E 35. A Badminton player is supposed to know the meaning of the term (A) Bouncer (B) Love (C) LBW (D) Punch (E) Booster ANS: B 36. Who amongst the following is the recipient of the Rajiv Gandhi Khel Ratna Award 2010? (A) Ishant Sharma (B) Hariom Singh (C) M.S.Dhoni (D) Sushil Kumar (E) Saina Nehwal ANS: E 37. India extended a credit of US $ 250 million to which of the following countries, which will be used for infrastructural development there? (A)China (B) Pakistan (C) Myanmar (D) Nepal (E)Sudan ANS: D 38. Which one of the following makes a case for intensive, modem farming? (A) Higher output using organic method

(B) Remunerative price (C) Cropping pattern (D) Land acquisition for non agricultural needs (E) None of these ANS: C 39. In which one of the following States multi-thousand-food grain scam has recently been noticed by the High Court? (A)M. P. (B) Orissa (C)Bihar (D) Jharkhand (E)U.P. ANS: C 40. Which one of the following is the objective of Corporate Social Responsibility (CSR) issued by the Government? (A), To ensure that Companies take steps for rehabilitation of project affected people (B) To ensure that Companies use some of their profits for educating the project affected people (C) To ensure that Companies provide health care to project affected people (D) To ensure that Companies take preventive measures to avoid environmental damage (E) None of these ANS: A 41. The eleventh 'five year plan' of India is for the five years ranging from? (A) 20092014 (B) 20082013 (C) 20072012 (D) 20062011 (E) None of these ANS: C 42. DSCR indicates the ability of a company to (A) Meet its current liabilities (B) Service its shareholders (C) Meet its long term debt obligations (D) Raise further capital (E) None of these ANS: C 43. An IPO is (A) Initial price offered by a private limited company to its shareholders (B) An offer by an unlisted company for sale of its shares for the first time to the

public (C) Used to increase the share capital of an unlisted company (D) A book building process (E) None of these ANS: B 44. A decreasing current ratio indicates (A) A stable liquidity (B) An increasing liquidity (C) A strained liquidity (D) Satisfactory current solvency (E) None of these ANS: E 45. Private equity investors, invest in a company based mainly on (A) The age of the company (B) The location of the company (C) The activity undertaken by the company (D) The creditability and the valuation of the company (E) The existing profitability of the company ANS: E 46. The synagogue is generally (A) An epic (B) A religion (C) Jewish House of Prayer (D) The Parsi temple (E) A palace ANS: C 47.Deuce is a term used in (a) Polo (b) Lawn tennis (c) Badminton (d) Boxing (e) Volley ball (A) a,b,c (B) b, c, d (C) c,d,a (D) a,b,e (E) b,c,e ANS: E 48. ISI is the intelligence agency of (A) United Kingdom (B) United States of America (C) Israel

(D) Pakistan (E) India ANS: D 49. Air Traffic Controller's job involves 1. Control of air traffic in and within vicinity of airport 2. Control of movement of air traffic between altitude, sectors and control centres 3. Following established procedures and policies for air traffic control 4. Control of commercial air line flights according to government regulations 5. To authorize and regulate commercial airline flights (A) 1,2 (B)2,3 (C) 1, 2, 3, 4 (D) 1, 2, 3, 4, 5 (E) 3,4,5 ANS: A 50. Animal assisted therapy is employed in? (A) Operations (B) ICU (C) Old age homes (D) Training animals (E) Natural healing ANS: D

Bank Probationary Officers

General Awareness
1. As we all know rise of the 'BRICs' has left a vast impact on almost all aspects of the global economy. However, which of the following cannot be called as the direct effect(s) of 'Rise of the BRICs' on global/other powerful economy/economies ? 1. Countries like China wish to learn more about outsourcing from India. 2. It has made countries to suffer from Sub-prime Crisis. 3. EURO has become a powerful currency and many non-Euro countries are in 'Swap Agreement' with various nations. (A) Only 1 (B) Only 2 (C) Only 3 (D) All 1, 2 and 3 (E) None of these 2. As per the reports published in the newspapers/journals how much amount the Govt. of

India is planning to infuse in Public Sector Banks to make them competitive and strong globally ? About (A) Rs. 10,000 crore (B) Rs. 15,000 crore (C) Rs. 20,000 crore (D) Rs. 25,000 crore (E) Rs. 30,000 crore 3. What is the maximum stake the Govt. of India has in any public sector bank at present ? (A) 40% (B) 49% (C) 50% (D) 64% (E) 74% 4. Which of the following is not a major highlight of the Union Budget 2008-09 ? 1. A target of Rs. 280 lakhs crore is fixed for providing credit to agriculture sector. 2. Limit of the Banking Cash Transaction Tax is raised from present 1% to 15%. 3. PAN requirement is not mandatory for financial transactions. Other Ids are also acceptable. (A) Only 1 (B) Only 2 (C) Only 3 (D) Both 2 and 3 (E) All 1, 2 and 3 5. As per the news in major financial newspapers a 'Rashtriya Swasthya Bima Yojana' is launched in Delhi and Haryana States for members of unorganized sectors. Under the scheme each family is likely to get the benefit of Rs. (A) 15,000 (B) 20,000 (C) 25,000 (D) 30,000 (E) 50,000 6. As proposed in the Union Budget 2008-09 a 'Risk Capital Fund' is set up by the Govt. of India. Who amongst the following will maintain and operate that fund ? (A) NABARD (B) SIDBI (C) ECGC (D) RBI (E) None of these 7. As per the Economic Survey 2007-08 presented in the Lok Sabha in February 2008, what has been the percentage growth in Bank credit ? About (A) 10% (B) 15% (C) 18%

(D) 21% (E) 26% 8. As per the budget of the Indian Railways for 2008-09 the operating ratio of the railways has (A) Improved only by 05% (B) Decreased by 05% (C) Remained at the same level on which it was in 2007-08 (D) Reached at the level of 81% (E) Reduced to the level of 63% which was the level of 2000-01 9. The government of India has launched a new scheme for the 'Girl Child'. What is the name of the scheme ? (A) Raj Lakshmi (B) Rani Bitia (C) Dhan Lakshmi (D) Aanandita (E) None of these 10. The President of India recently signed the much-awaited notification for the implementation of the suggestions made by the 'Delimitation Commission'. What will be the effect of this notification ? (A) Parliamentary and Assembly constituencies will be redefined (B) Candidates from SC/ST categories will get all benefits for another 15 years' time (C) The boundaries of the National Capital, New Delhi will be extended further (D) Operations of the Cooperative Banks and Societies will not be limited to the state of their origin. They will also be like Public Sector Banks (E) None of these 11. As per the new policy the number of Judges in the Supreme Court would be now (A) 21 (B) 25 (C) 26 (D) 30 (E) 31 12. As per the reports published in the newspapers the banks, particularly public sector banks are tying up with various rating agencies for providing a qualitative assessment of the credit needs of the borrowers. Which amongst the following is/are such credit rating agencies in India ? 1. CARE 2. CRISIL 3. ULIP (A) Only 1 (B) Only 2 (C) 1 and 2 only (D) Only 3 (E) All 1, 2 and 3

13. As per the newspaper reports the RBI is planning to introduce 'Plastic Currency Notes'. What is/are the benefits of 'Plastic Notes' ? 1. Their Shelf life will be longer. 2. It will replace plastic money or credit, debit cards which are giving birth to many fraudulent practices. 3. Printing will be cheaper. (A) Only 3 (B) Only 2 (C) Only 1 (D) All 1, 2 and 3 (E) None of these 14. 'Sub Prime Lending' is a term applied to the loans made to (A) Those borrowers who do not have a good credit history (B) Those who wish to take loan against the mortgage of tangible assets (C) Those who have a good credit history and are known to bank since 10 years (D) Those borrowers who are most preferred customers of the Bank (E) None of these 15. As per the reports published in various journals and newspapers the 'small borrowers' in rural areas still prefer to take informal route for their credit needs. Which of the following is the 'informal route' of credit in financial sector ? (A) Credit cards (B) Loan against gold from financial institute (C) Debit cards (D) Money lender (E) None of these 16. The Planning Commission of India has set up a 12 member committee on financial sector reforms. Who is the Chairman of the Committee ? (A) Janki Raman (B) Raghuram Rajan (C) Rakesh Mohan (D) K. V. Kamath (E) None of these 17. Basel-II norms are associated with which of the following aspects of the banking industry ? (A) Risk management (B) Manpower planning (C) Retirement benefits for the employees (D) Corporate Governance (E) None of these 18. What is meant by 'Underwriting' the term frequently used in financial sector ? (A) Under valuation of the assets (B) The Act of taking on a risk for a fee (C) Giving a Guarantee that a loan will not become a bad loan (D) The act of permission to float an IPO

(E) None of these 19. The government of India recently constituted the New Finance Commission (13th). What are its major functions ? To decide 1. The salary structure of the employees of the Central Government. 2. The distribution of the net proceeds of taxes between states and Central Govt. 3. Rate of Income Tax and other taxes collected by the Union Govt. (A) Only 1 (B) Only 2 (C) Only 3 (D) All 1, 2 and 3 (E) None of these 20. Who amongst the following was the Captain of the Indian cricket team which registered its victory in tri-series ODI matches against Australia played in March 2008 ? (A) M.S. Dhoni (B) Anil Kumble (C) Rahul Dravid (D) Saurav Ganguly (E) Sachin Tendulkar 21. Mr. Nicolas Sarkozy who was the chief guest during the Republic Day Function 2008 is the (A) President of Brazil (B) Prime Minister of Brazil (C) President of France (D) Prime Minister of France (E) Foreign Secretary of USA 22. Who amongst the following has taken over as the President of Serbia after the General elections held there in February 2008 ? (A) Boris Tadic (B) Tomislav Nicolic (C) Samak Sundaravej (D) Novak Djokovic (E) None of these 23. Indra K. Nooyi who was elected as the Chairperson of the US-India Business Council is the CEO of which of the following Companies ? (A) Pepsi Co. (B) Infosys (C) Tata Consultancy Services (D) NIIT (E) None of these 24. Maria Sharapova won the Australian Open 2008 Women's singles by defeating (A) Shahar Peer (B) Kateryna Bondarenko (C) Sania Mirza

(D) Victoria Azarenka (E) Ana Ivanovic 25. Saina Nehwal won the Seniors' Championship match of which of the following games held in Goa in January 2008 ? (A) Golf (B) Tennis (C) Table tennis (D) Archery (E) Badminton

26. As per the news published in some newspapers magazines two PSUs National Thermal Power Corporation and Coal India Ltd. are going to float a joint venture 'SPV'. What is the full form of 'SPV' ? (A) Small Power Venture (B) Special Purpose Vehicle (C) Special Power Venture (D) Small Purpose Vehicle (E) None of these 27. The Telecom Regulatory Authority of India (TRAI) recently agreed to allow foreign direct investment in the field of mobile television services. Upto what extent FDI is allowed in this field ? (A) 50% (B) 60% (C) 64% (D) 70% (E) 74% 28. As per the performance assessment data released by the Economic Advisory Council (EAC) in January 2008. Which of the following sectors registered a growth of 36 per cent ? (A) Agriculture Sector (B) Banking Sector (C) Tourism Sector (D) Aviation Services Sector (E) None of these 29. Which of the following is the name of very violent and serious types of winds which bring lot of disaster ? (A) Trade winds (B) Hurricane (C) Cirrus (D) Stratus (E) None of these 30. The Global Employment Trends Report 2008 published by the International Labour Organization has indicated that there may be increase in global unemployment. What according to them is/are the major reasons of this possibility ?

1. Turmoil in Credit Markets all over the world. 2. Rise in oil prices in international market. 3. Civil unrest in some under and undeveloped nations. (A) Only 1 (B) Only 2 (C) Only 3 (D) Only 1 and 2 (E) None of these 31. As we have noticed many banks of Indian origin are opening offices/branches in foreign countries. Why is this trend emerging at a very fast pace ? 1. These Banks wish to provide banking facilities to foreigners as banking facilities are not plenty in many foreign countries. India wants to take an advantage of the situation. 2. These banks wish to help Indian firms to acquire funds at internationally competitive rates. 3. These banks wish to promote trade and investment between India and other countries. (A) Only 1 (B) Only 2 (C) Only 3 (D) All 1, 2 and 3 (E) Only 2 and 3 32. Many economists, bankers and researchers in India often advocate that banks should equip themselves for new challenges. These challenges are in which of the following shapes/forms ? 1. As Indian economy is getting increasingly integrated with the rest of the world the demand of the Corporate banking is likely to change in terms of size, composition of services and also the quality. 2. The growing foreign trade in India will have to be financed by the local banks. 3. Foreigners are habitual of the comforts provided by the technology. India has to do a lot in this reference. (A) Only 1 is correct (B) Only 2 is correct (C) Only 3 is correct (D) All 1, 2 and 3 are correct (E) None of these 33. As per the reports published in the newspapers Indian Rupee is now fully accepted in Asian countries like, Singapore, Hong Kong, Malaysia etc. What does it really mean ? 1. Anybody from Asian country can purchase Indian Rupee and keep it in his/her bank account in his/her country without any restrictions. 2. Now people in these nations are not required to go for a double conversion first in dollar and then in rupee. 3. People travelling European/Asian countries can make their payments in rupee anywhere without any problem. (A) Only 1 is correct (B) Only 2 is correct (C) Only 3 is correct (D) All 1, 2 and 3 are correct

(E) None of these 34. Which of the following is not a banking/finance related term ? (A) Credit wrap (B) EMI (C) Held to Maturity (D) Exposure limit (E) Diffusion 35. Very often we read about the Doha Ministerial Conference 2001 in reference to WTO negotiations. What were the major issues over which nations were of different opinions ? 1. Providing subsidy to agriculture. 2. Export of patented drugs/medicines by developed nations. 3. Restriction on natural movement of people from one nation to other. (A) Only 1 (B) Only 2 (C) Only 3 (D) Both 1 and 3 (E) None of these 36. The Technology Mission on Cotton was launched during Xth plan. The scheme was designed to get increase in production of cotton by which of the following levels by the end of the plan ? (A) 100 lakh bales (B) 150 lakh bales (C) 175 lakh bales (D) 200 lakh bales (E) None of these 37. A National Development Fund was created by the Government of India a few years ago. What was the purpose of the fund ? 1. Boost investment in social sector projects to promote education, healthcare and employment. 2. Capital investments in selected profitable PSEs to yield adequate returns. 3. To fund revision in pay structure of Central Government employees. (A) Only 1 (B) Only 2 (C) Only 3 (D) Both 1 and 2 (E) None of these 38. Olympic 2008 are scheduled to be held in (A) Paris (B) Tokyo (C) London (D) Moscow (E) None of these 39. The general elections took place in which of the following countries in March 2008 ?

(A) Iran (B) Iraq (C) Afghanistan (D) Myanmar (E) Sri Lanka 40. Who amongst the following is the author of the book 'Economic Nightmare of India' ? (A) Morarji Desai (B) K. Rajeshwar Rao (C) Charan Singh (D) Jyoti Basu (E) None of these 41. As per the targets for 11th plan educated unemployment is to be reduced to which of the following levels ? (A) 5% (B) 6% (C) 7% (D) 8% (E) 9% 42. 'Long Walk' to Freedom' is a book written by (A) Sonia Gandhi (B) L. K. Advani (C) Nelson Mandela (D) Benazir Bhutto (E) Nawaz Sheriff 43. India recently signed a pact with which of the following countries on solving the problems of Indian labour in that country ? (A) Iran (B) UAE (C) Malaysia (D) Kuwait (E) None of these 44. Which of the following countries is trying to launch a Satellite to study the sun ? (A) USA (B) India (C) Russia (D) China (E) None of these 45. Jang Hyun Jong who was adjudged as the 'Asian Hockey Player of the year' is from (A) China (B) Singapore (C) South Korea (D) India (E) None of these

46. Who amongst the following is the winner of Padma Vibhushan Awards given away recently ? (A) Rahul Gandhi (B) Priya Dutt (C) Vinod Dua (D) Ratan Tata (E) None of these 47. Which of the following films was adjudged 'Best Film' in 14th Star Screen Awards given away in January 2008 ? (A) Om Shanti Om (B) Guru (C) Taare Zameen Par (D) Jab We Met (E) Chak De India 48. A meeting of the European Leaders was held in January 2008 at which of the following places to discuss 'Global Economic Turmoil' ? (A) London (B) New Delhi (C) New York (D) Tokyo (E) Milan 49. Castro Sibling is the new President of (A) Romania (B) Cuba (C) Israel (D) Venezuela (E) None of these 50. Kosovo declared itself independent from which of the following countries ? (A) Ukraine (B) Croatia (C) Serbia (D) Russia (E) None of these Answers with Explanations : 1. (B) 2. (C) 3. (E) 4. (A) 5. (D) 6. (B) 7. (D) According to Economic Survey 2007-08, the percentage growth in bank credit is 215%. 8. (D) 9. (C) 10. (A) 11. (E) 12. (A) 13. (C) 14. (A) 15. (D) 16. (B) 17. (A) 18. (A) 19. (B) 20. (A) 21. (C) 22. (A) 23. (A) 24. (E) 25. (E) 26. (B) 27. (E) 28. (A) 29. (B) 30. (D) 31. (E) 32. (A)

33. (D) 34. (E) 35. (A) 36. (D) 37. (A) 38. (E) 39. (A) 40. (C) 41. (A) 42. (C) 43. (D) 44. (A) 45. (C) 46. (D) 47. (E) 48. (A) 49. (E) 50. (E)